Oneok (OKE) Gross Margin (2009 - 2026)

Oneok has reported Gross Margin for 18 years, with the latest figure at 23.3% in Q2 2026.

• On a quarterly basis, Gross Margin fell 874.0% year-over-year to 23.3% in Q2 2026; TTM through Jun 2026 was 27.21%, a 647.0% decrease from a year earlier, with the FY2025 full-year figure at 30.5%, down 816.0% from the prior year.
• Gross Margin was 23.3% for Q2 2026 at Oneok, down from 26.67% in the prior quarter.
• The five-year high for Gross Margin was 40.93% in Q2 2024, with the low at 18.65% in Q2 2022.
• Average Gross Margin over 5 years is 29.88%, with a median of 30.32% recorded in 2025.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1378 bps in 2022, then surged 1485 bps in 2023.
• Over 5 years, Gross Margin stood at 22.64% in 2022, then surged by 63 bps to 36.94% in 2023, then slipped by 3 bps to 35.77% in 2024, then dropped by 18 bps to 29.44% in 2025, then fell by 21 bps to 23.3% in 2026.
• The last three Gross Margin figures came in at 23.3% (Q2 2026), 26.67% (Q1 2026), and 29.44% (Q4 2025), per Business Quant data.